Avalon Advanced Materials Inc. announced it raised $2.31 Million in an initial filing from an offering of $4.12 Million
Avalon Advanced Materials Inc. announced it raised $2.31 Million in an initial filing from an offering of $4.12 Million
05/12/22, 7:00 PM
Location
toronto
Money raised
$2.31 million
Industry
mining
Round Type
seed
Company Info
Location
suite 2060, 130 adelaide street w.
toronto, ontario, canada
Additional Info
Avalon Advanced Materials Inc. is a Canadian critical minerals development company focused on vertically integrating the Ontario lithium supply chain. The company is currently developing its Separation Rapids deposit near Kenora, ON. while continuing to advance other projects in its portfolio. In additional to extraction activities, Avalon is executing on its key strategic objective of constructing Ontario's first midstream lithium hydroxide processing facility to bridge upstream lithium production and downstream EV battery manufacturing. Social responsibility and environmental stewardship are corporate cornerstones.